The starting point of this paper is the recognition of the fact that a bilateral oligopoly is essentially a non-cooperative game among the agents participating in the market. This leads to our definition of response function for each side of the market. We make appropriate assumptions so that...

In this paper we consider an oligopoly and we are concerned with the effect on the price of Y and the pay-offs/utilities of the buyers and sellers of entry in the market of buyers and/or sellers. Hence our paper is concerned with comparative statics in oligopolistic markets

The purpose of this paper is to investigate the asymptotic behavior of oligopoly equilibrium in the framework of multilateral exchange when the economy is replicated a finite number of times and show that the sequence of associated price-allocation pair converges to the competitive equilibrium...

In this paper we show that a unique no-trivial equilibrium exists in a successive oligopoly with pure exchange. We also obtain some comparative static results concerning the entry and/or exit of whole-sellers and retailers in the market

This paper proves the existence of egalitarian equivalent and gain max-min solutions for package assignment problems and shows that they satisfy the “fair share guaranteed” property. It is also shown that if the preferences of the agents satisfy “diminishing marginal willingness to pay”...

In this paper we show that in two sector general equilibrium models with one monopolistic firm a unique equilibrium exists for our assumed economic environment. Then we study how the equilibrium responds to a change in input coefficients and endowment of labor. In a final section we provide an...

In this paper we consider a two good general equilibrium model with one good being produced from the other and being sold in an oligopolistic market. We assume that the representative consumer has a Cobb-Douglas utility function and the firms face constant unit cost of production. We show that...